PIMCO Short Asset Investment Fund (PAIPX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in PIMCO Short Asset Investment Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

PIMCO Short Asset Investment Fund (PAIPX) has returned 0.67% so far this year and 4.37% over the past 12 months. Over the last ten years, PAIPX has returned 2.44% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 1, 2012, PAIPX's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, your investment would double in approximately 34.0 years.

Historically, 86% of months were positive and 14% were negative. The best month was Apr 2020 with a return of +1.4%, while the worst month was Mar 2020 at -2.5%. The longest winning streak lasted 49 consecutive months, and the longest losing streak was 7 months.

On a daily basis, PAIPX closed higher 11% of trading days. The best single day was Dec 15, 2023 with a return of +0.7%, while the worst single day was Dec 18, 2023 at -0.7%.

PIMCO Short Asset Investment Fund has an annualized alpha of 1.98%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 04, 2012.

• This fund captured 5.58% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.54%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.00 may look defensive, but with R² of 0.00 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.00 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PAIPX has an expense ratio of 0.45%, placing it in the medium range.

PAIPX ranks 100 for risk / return — in the top 100% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for PIMCO Short Asset Investment Fund (PAIPX) and compare them to a chosen benchmark (S&P 500 Index).

PIMCO Short Asset Investment Fund provided a 3.76% dividend yield over the last twelve months, with an annual payout of $0.38 per share.

The table displays the monthly dividend distributions for PIMCO Short Asset Investment Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the PIMCO Short Asset Investment Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PIMCO Short Asset Investment Fund was 3.49%, occurring on Mar 24, 2020. Recovery took 68 trading sessions.

The chart below shows the rolling one-month volatility.